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Boeing Unveils Its Jumbo Killer

The new 777X could make the largest megaplanes obsolete.

Even though Boeing’s board has yet to grant final approval for the plane’s launch, Boeing already has grabbed an $11 billion order from Lufthansa (LHA:GR) for 34 of the jets. Peter Arment, an analyst at Sterne, Agee & Leach, predicts the tally may reach “well over 100 orders” worth more than $34 billion at list prices after the plane’s expected unveiling at the Dubai Airshow in mid-November.
Prediction pronounced on: 11-10-2013
Prediction ends in December-2013
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Sterne, Agee & Leach

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